RBC is buyer, maybe Deadwood Results are coming. This is from Coffin, he is mostly right so maybe some hope still exists:
You can only sell flow through shares on canadian projects. I doubt they will do a PP at these levels... maybe $.25 is my guess. The bonus here is that the PP is short form (which means the shares are free to trade right away) Better this way than waiting 4 months etc.. and in 4 months then u get a load of paper coming into the market... this way it's free to trade right away and anyone that wants to trade it or out can do so whenever.. Big Institutions are taking this though from what it appears on the news release so it'll be fine :) Industrial Alliance and Casimir have big players.
My hope is $.35, then I could be happy with that, warrants will be gone and we will still not dilute PEM so much, let see if Del has some explanation for last moves, I hope for some explanations at Korelin Report on Saturday.
GLTA
